TECHNOLOGY · Bloomberg

Microsoft Sours on Neoclouds IREN, Nebius, Nscale on Delays, Costs

Published: 2026-11-05T15:42:15.000Z · 3-Minute Executive Summary

Bloomberg reports that microsoft Corp. helped create the "neocloud" boom, signing tens of billions of dollars in contracts with upstart data center operators in an effort to sate the crushing appetite for its cloud and AI services.